Northern Trust issues $2 billion in senior unsecured debt
NTRS•Northern Trust issued $2 billion of senior notes on November 10, 2026, in two $1 billion tranches: 5.3% notes due in 2031 and 5.7% notes due in 2036.
1. Two note tranches
Northern Trust issued $1 billion of 5.3% Senior Notes due November 10, 2031, and $1 billion of 5.7% Senior Notes due November 10, 2036. Interest is payable semiannually on May 10 and November 10, beginning May 10, 2027.
2. Debt terms
Both series are unsecured, rank equally with Northern Trust’s other senior debt and cannot be redeemed before maturity.
